Writing Checks

Front

What is a payee?

Back

The person or entity to whom the check is made payable.

Front

What is the purpose of writing a check?

Back

To authorize a bank to transfer a specified amount of money from the writer's account to the payee.

Front

What should you use to write a check?

Back

Always use a pen to write a check to prevent alterations.

Front

Where is the check number located on a check?

Back

The check number is located at the top right corner of the check, next to the date.

Front

Where can you find the account number on a check?

Back

The account number is located at the bottom of the check, usually in the middle.

Front

What is the significance of the routing number on a check?

Back

The routing number identifies the bank that holds the account.

Front

What is the difference between the numeric and written amount on a check?

Back

The numeric amount is the number representation of the payment, while the written amount is the spelled-out version; both must match.

Front

What should you do if you make a mistake while writing a check?

Back

You should void the check and write a new one instead of trying to correct it.

Front

What does it mean to 'void' a check?

Back

To void a check means to cancel it, making it unusable for payment.

Front

What information is typically found on a check?

Back

A check usually includes the date, payee, amount (numeric and written), signature, account number, routing number, and check number.